Ashok Leyland rises sharply after unveiling AL H6 engine at EXCON 2023

Shares of Ashok Leyland jumped over 1 per cent to hit an intraday high of Rs 174.20 per share after the commercial vehicle manufacturer unveiled a slew of products including AL H6 Diesel - CEV Stage V engine, and H6 Engine - Hydrogen (H2 ICE), among other products at EXCON 2023.

Manufactured at the state-of-the-art facilities, and adhering to global quality standards, Ashok Leyland’s H6 Engines continue to be the dominant choice for most Original Equipment Manufacturers (OEMs) for both track and wheel Harvester applications, reflecting its enduring reliability and efficiency. The H6 engines are also renowned for their lowest Total Cost of Ownership (TCO).

“As the need for enhanced fuel efficiency rises and the integration of alternative fuels with diesel engines continues to grow, we present a comprehensive array of state-of-the-art engine solutions. Our engines can be customised for various applications, catering to the evolving demands of the industry. We are committed to fostering self reliance in India's engine segment and aspire to be at the forefront of the "Make in India" initiative,” said Shenu Agarwal, MD & CEO, Ashok Leyland.

Other products include H4 Engine - Diesel engine; H6 Engine - Hydrogen (H2 ICE); 40 kVA Genset - CPCB4+; A6 Engine – Diesel; EATS - Compact & efficient Exhaust after Treatment system; and DEF TANK - Compact & proven Diesel Exhaust Fluid Tank.

Additionally, Ashok Leyland plans to expand product lines and expand its presence in the fast-increasing engine market. 

The 12th International Construction Equipment and Construction Technology Trade Fair, EXCON 2023, is taking place from December 12 to December 16 at the Bangalore International Exhibition Centre (BIEC), Bengaluru.

As of 11:24 am, shares of Ashok Leyland were trading 0.87 per cent higher at Rs 173.70 per share.